- FF kicks off a six-day countdown campaign today towards the
start of production (SOP) for the FF 91 Futurist on March 29,
2023
- Company will host a SOP event for the FF 91 Futurist at its FF
ieFactory California on March 29, 2023, and will concurrently
stream the live SOP event online.
- The Company will also hold its final launch event for the FF 91
Futurist on April 26, 2023 ahead of first deliveries to FF
users
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE)
("Faraday Future", “FF” or "Company"), a California-based global
shared intelligent electric mobility ecosystem company, today
announced the start of its six-day countdown to the start of
production (SOP) of its Ultimate Intelligent TechLuxury FF 91
Futurist, which occurs on March 29, 2023. The countdown event can
be found on http://www.ff.com, as well as the FF Intelligent APP,
and will be updated daily.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230323005369/en/
Faraday Future kicks off a six-day
countdown campaign today towards the start of production (SOP) for
the FF 91 Futurist on March 29, 2023 (Graphic: Business Wire)
SOP on March 29, 2023 will mark the final manufacturing
milestone (#7) of the FF 91 Futurist. It marks the culmination of
all the hard work, dedication and determination from the hundreds
of FF employees that have strived to make a difference since the
Company was founded in 2014.
The Company has had one goal since its inception, and that is to
bring a product to market that will disrupt the traditional
automotive industry with its new vision of mobility. During that
period, the Company has created major innovations in technology and
product, as well as a user centered business model. These
innovations are enabling FF to set new standards in luxury and
performance that will enhance quality of life and redefine the
future of intelligent mobility.
“We have made great strides in recent months getting to this SOP
milestone, with the thanks to our dedicated team, supportive
investors and suppliers,” said Xuefeng Chen, Global CEO of Faraday
Future. “I’m excited to finally see the culmination of many years
of hard work, all focused on our one goal, bringing the Ultimate
Intelligent TechLuxury FF 91 Futurist to market.”
The Company is grateful to FF’s global suppliers as it
approaches this historical SOP achievement, for their deep insight
and persistent belief in FF's disruptive product. The FF 91
showcases our Ultimate Intelligent TechLuxury brand positioning,
revolutionary advanced technology, and the Company's long-term
value. The understanding and determination of FF’s global suppliers
are at the cornerstone of FF’s goal to change the traditional auto
industry and build a future mobility ecosystem.
Competing with Ferrari, Maybach, Rolls Royce, and Bentley, as
the only next-gen Ultimate Intelligent TechLuxury EV product, the
FF 91 Futurist puts forward a unique and intelligent EV experience
with extreme technology, and an ultimate user experience. The FF 91
Futurist features an industry-leading 1,050 horsepower, an
EPA-certified range of 381 miles, 0-60 mph in 2.27 seconds, a
unique rear intelligent Internet system, and a revolutionary user
experience designed to create a mobile, connected, intelligent, and
luxurious third Internet living space and user mobility ecosystem
platform.
Users can preorder an FF 91 Futurist via the FF Intelligent App
or through our website (English): https://www.ff.com/us/preorder/
or (Chinese): https://www.ff.com/cn/preorder/
Download the new FF Intelligent App (English):
https://apps.apple.com/us/app/id1454187098 or
https://play.google.com/store/apps/details?id=com.faradayfuture.online,
(Chinese): http://appdownload.ff.com
ABOUT FARADAY FUTURE
FF is the pioneer of the Ultimate Intelligent TechLuxury ultra
spire market in the intelligent EV era, and a disruptor of the
traditional ultra-luxury car civilization. FF is not just an EV
company, but also a software-driven company of intelligent internet
AI product.
FOLLOW FARADAY FUTURE:
https://www.ff.com/
https://www.ff.com/us/mobile-app/
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture/
NO OFFER OR SOLICITATION
This communication shall neither constitute an offer to sell or
the solicitation of an offer to buy any securities, nor shall there
be any sale of securities in any jurisdiction in which the offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such
jurisdiction.
FORWARD LOOKING STATEMENTS
This press release includes “forward looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words “estimates,” “projected,” “expects,”
“anticipates,” “forecasts,” “plans,” “intends,” “believes,”
“seeks,” “may,” “will,” “should,” “future,” “propose” and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements, which
include, among other things, statements regarding the anticipated
start of production (SOP) and delivery timing for our FF 91
Futurist vehicle, additional funding and timing for receipt
thereof, are not guarantees of future performance, conditions or
results, and involve a number of known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside the Company’s control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Important factors, among others,
that may affect actual results or outcomes include whether the
Amended Shareholder Agreement between the Company and FF Top, dated
as of January 13, 2023, complies with the listing requirements of
The Nasdaq Stock Market LLC, the market performance of the shares
of the Company’s common stock; the Company’s ability to regain
compliance with, and thereafter continue to comply with, the Nasdaq
listing requirements; the Company’s ability to satisfy the
conditions precedent and close on the various financings previously
disclosed by the Company and any future financings, the failure of
any of which could result in the Company seeking protection under
the Bankruptcy Code; the Company’s ability to amend its certificate
of incorporation to permit sufficient authorized shares to be
issued in connection with the Company’s existing and contemplated
financings; whether the Company and the City of Huanggang could
agree on definitive documents to effectuate the non-binding
Cooperation Framework Agreement; the Company’s ability to remain in
compliance with its public filing requirements under the Securities
Exchange Act of 1934, as amended; the outcome of the SEC
investigation relating to the matters that were the subject of the
Special Committee investigation and other litigation involving the
Company; the Company’s ability to execute on its plans to develop
and market its vehicles and the timing of these development
programs; the Company’s estimates of the size of the markets for
its vehicles and cost to bring those vehicles to market; the rate
and degree of market acceptance of the Company’s vehicles; the
success of other competing manufacturers; the performance and
security of the Company’s vehicles; potential litigation involving
the Company; the result of future financing efforts and general
economic and market conditions impacting demand for the Company’s
products; recent cost, headcount and salary reduction actions may
not be sufficient or may not achieve their expected results; and
the ability of the Company to attract and retain directors and
employees. The foregoing list of factors is not exhaustive. You
should carefully consider the foregoing factors and the other risks
and uncertainties described in the “Risk Factors” section of the
Company’s registration statement on Form S-1 filed on March 17,
2023, and other documents filed by the Company from time to time
with the SEC. These filings identify and address other important
risks and uncertainties that could cause actual events and results
to differ materially from those contained in the forward-looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and the Company does not undertake any
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
ADDITIONAL INFORMATION
In connection with the special and annual stockholder’s
meetings, the Company has filed with the SEC definitive proxy
statements on Schedule 14A with respect to the proposals therein
(as amended and supplemented, the “Proxy Statements”). Faraday
Future commenced mailing of the Proxy Statements to its
stockholders on March 3, 2023 and March 17, 2023, respectively.
This press release is not a substitute for the Proxy Statements or
any other document which the Company may file with the SEC.
INVESTORS AND FARADAY FUTURE’S STOCKHOLDERS ARE URGED TO READ THE
PROXY STATEMENTS IN THEIR ENTIRETY AND ANY OTHER DOCUMENTS FILED BY
THE COMPANY WITH THE SEC IN CONNECTION WITH THE PROXY STATEMENTS OR
INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT THE PROPOSALS IN THE PROXY STATEMENTS.
Investors and stockholders may obtain free copies of the Proxy
Statements and other documents containing important information
about Faraday Future that are filed or will be filed with the SEC
by Faraday Future from the SEC’s website at www.sec.gov. Faraday
Future makes available free of charge at www.ff.com (in the
“Financials and Filings” section), copies of materials it files
with, or furnish to, the SEC.
PARTICIPANTS IN SOLICITATION
Faraday Future and its respective directors and executive
officers and certain Company investors and their representatives
may be deemed participants in the solicitation of proxies of the
Company’s stockholders in respect of the proposals in the Proxy
Statements. Information about the directors and executive officers
of Faraday Future, such investors and their representatives and
their ownership is set forth in the Company’s filings with the SEC,
including the Proxy Statements. These documents can be obtained
free of charge from the sources specified above.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230323005369/en/
Investors (English): ir@faradayfuture.com Investors
(Chinese): cn-ir@faradayfuture.com Media:
john.schilling@ff.com
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